Bloom Holding announces sell out of first phase of $2.45bn Bloom Living development in Zayed City
Cordoba, the first phase of Bloom Living, sold out within four hours of its release to market
Bloom Holding, the UAE-based real estate development company, has announced that Cordoba, the first phase of its USD$2.45 billion Bloom Living development – a new, fully-inclusive integrated community in Abu Dhabi – has sold out with four hours of its release onto the market.
In a statement, the company added that it will be releasing the second phase of the gated development before the end of the year.
The community is located in Zayed City and close to Abu Dhabi International Airport. It will be built in various phases, with Cordoba is scheduled for completion by Q4 2024.
Bloom Holding CEO, Carlos Wakim said: “This latest sell-out, once again highlights the trust that the people of the UAE place in the Bloom name; it also reflects Bloom’s dedication to providing communities that directly address the evolving needs of residents and the real estate landscape.
He added that the sell-out demonstrates the strength of Bloom Living’s proposition as a multi-generational community that has everything residents need to thrive in day-to-day life.
“The success of Cordoba reflects our commitment to developing high quality communities that have everything residents need to pursue a life most meaningful to them – from best-in-class Mediterranean inspired homes designed to international best standards to a wide range of amenities and facilities for the whole family. Quality is at the heart of our value proposition, and it is why so many people continue to invest in the Bloom brand,” Wakim continued.
The first phase, which was named after the Andalusian city in line with the community’s Mediterranean rustic vibe, has units ranging from two-and three-bedroom townhouses, with sizes ranging from 150sqm to 170sqm. There were also several three- to six- bedroom detached villas from 250sqm to 515sqm.
Unit prices start from AED 1.5 million, with attractive payment plans offered, reflecting Bloom’s commitment to providing value for money whilst also adhering to the highest quality standards, the statement said.
Built over an area of 2.2 million sqm, Bloom Living features more than 4,000 homes, including a selection of villas, townhouses, and apartments to suit the needs of residents of all generations. The community’s architecture seamlessly fuses traditional Spanish design with contemporary finishings.
At the heart of the development will be the ‘Town Centre’ which will represent a hub of activity and include a sunrise and sunset plaza. Residents and visitors alike will be able to enjoy several F&B and retail outlets. The centre will also include a healthcare clinic and several other amenities to ensure that residents have everything they need without ever needing to leave the community – and all within walking distance.
Bloom Living will also be home to two outstanding international schools, which are strategically located to be reached by foot or bicycle from anywhere within the development.
The focal point of the community will be a large lake which will represent a community meeting point, around which residents can walk, run, and cycle, making it an ideal home for those seeking a peaceful life. Furthermore, the lake will act as an important point of connectivity, with pathways linking to all amenities and neighbourhoods.
Residents will also benefit from an extensive selection of recreational activities and facilities suitable for all energy levels – from yoga, linear and agro parks to swimming pools and gyms. There will also be several regular events and festivities which will aim to bring the entire community together. Pets are welcome, with dedicated dog parks available.
